Dan Loeb: AI Might Do For Credit In 2025/26 What Fracking Did In 2015/16 | The Acquirer's Multiple®
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Dan Loeb: AI Might Do For Credit In 2025/26 What Fracking Did In 2015/16 | The Acquirer's Multiple®
Dan Loeb’s Second Quarter 2025 Investor Letter offers a compelling glimpse into the strategies driving Third Point’s performance. With the flagship Offshore Fund returning 7.5% for the quarter, Loeb highlights the resilience and opportunism that defined their approach. “The Second Quarter began tumultuously, as ‘Liberation Day’ and subsequent forecasts of an imminent recession spooked markets,” he notes. Yet, by quarter’s end, sentiment shifted …
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